The People's Bank of China expanded its relending quota for agriculture and small businesses by CNY 100 billion to channel more bank credit to flood-control, disaster-relief and post-disaster reconstruction needs in affected regions. The additional quota is intended to guide and encourage financial institutions to increase lending to operating entities in disaster-hit areas including Beijing, Hebei, Jilin, Shandong and Gansu, with a focus on micro and small enterprises, self-employed businesses, and agricultural and livestock-related firms and households. Next, the central bank will press its relevant provincial branches to fully deploy the added quota and to steer financial institutions to proactively match financing supply to flood-relief and reconstruction demand to support the resumption of production and business operations.
Central Bank of the Republic of China 2025-08-19
People's Bank of China adds CNY 100 billion in relending quota to support flood relief and post-disaster reconstruction financing
The People's Bank of China raised its relending quota for agriculture and small businesses by CNY 100 billion to support flood-control, disaster-relief, and reconstruction in affected regions. The initiative targets increased lending to micro and small enterprises, self-employed businesses, and agricultural entities in areas like Beijing, Hebei, and Shandong. The central bank will ensure provincial branches use the quota to align financing with flood-relief and reconstruction needs.